{"id":1571,"date":"2020-12-01T16:02:31","date_gmt":"2020-12-01T16:02:31","guid":{"rendered":"https:\/\/nixq4qvp95-staging.onrocket.site\/?p=1571"},"modified":"2020-12-01T16:02:31","modified_gmt":"2020-12-01T16:02:31","slug":"adp-report-october-what-are-we-seeing","status":"publish","type":"post","link":"https:\/\/www.adzuna.com\/blog\/adp-report-october-what-are-we-seeing\/","title":{"rendered":"ADP Report October &#8211; what are we seeing?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">We last took a look at the <a href=\"https:\/\/www.adzuna.com\/blog\/2020\/08\/13\/adp-july-report-what-are-we-seeing\/\">ADP report into the US Labor Market back in July<\/a>. When we compare Adzuna data to the ADP report, it gives an impression of how the whole economy looks for an average jobseeker. We can see how many people are returning to work, and what opportunities are out there for those who are looking for work.\u00a0<\/span><\/p>\n<p><strong>High level update<\/strong><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">During the height of the pandemic, around 20m people either lost their jobs or went off the payroll. About half of that number has returned to work.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The direction is still towards recovery but the pace has slowed down after an initially quick bounce.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Job vacancy numbers are back up to pre-pandemic levels, which is encouraging for jobseekers looking for work.<\/span><\/li>\n<\/ul>\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/4515838\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><\/div>\n<p><span style=\"font-weight: 400;\">One of the biggest factors as the economy recovers is that the pandemic has not affected all sectors equally. We categorize jobs into more categories than ADP does, but the patterns are similar.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The sector that has suffered the biggest proportional loss in ADP\u2019s data is \u201cLeisure and Hospitality\u201d. Pre-pandemic they made up 9.6% of the jobs that ADP categorised, but now are down to 7.9% of all jobs. That is an improvement from the initial wave of the pandemic when Leisure and Hospitality Jobs were down at 6.1%.<\/span><\/p>\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/4516004\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><\/div>\n<p><span style=\"font-weight: 400;\">Most other sectors have changed by a fraction of one percent either way, and the sectors which have recovered best proportionally are \u201cTrade, Transport and Utilities\u201d which has gone from 15.9% of jobs to 16.3%, and \u201cHealthcare and Education\u201d, which has gone from 14% to 14.3%.\u00a0<\/span><\/p>\n<p><b>What does our data say?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The good news for Hospitality jobs is that there is a greater proportion of them now than there was pre-pandemic &#8211; up from 4% to 5.9% &#8211; suggesting those within the sector who lost their job over recent months have a growing number of vacancies to choose from and stand a good chance to finding new employment\u00a0 But Transport and Logistics jobs are by far the biggest winners in terms of current employment and demand from employers. The proportion of all vacancies that Transport and Logistics makes up has grown from 7% in January to 17% in October.<\/span><\/p>\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/4516123\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><\/div>\n<p><span style=\"font-weight: 400;\">By comparison the relative number of Healthcare and Nursing vacancies has fallen from 24% to 18% and Retail vacancies are down from 11.8% to 6.9%.\u00a0<\/span><\/p>\n<p><b>Summary<\/b><\/p>\n<p><span style=\"font-weight: 400;\">While vacancies are back to normality, employment levels still lag behind considerably. A mark of accelerated recovery will be if vacancies start to exceed their pre-pandemic levels as firms look to replace the roles they had to let go.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We last took a look at the ADP report into the US Labor Market back in July. When we compare Adzuna data to the ADP report, it gives an impression of how the whole economy looks for an average jobseeker. We can see how many people are returning to work, and what opportunities are out<a class=\"moretag\" href=\"https:\/\/www.adzuna.com\/blog\/adp-report-october-what-are-we-seeing\/\"> Continued \u00bb<\/a><\/p>\n","protected":false},"author":32,"featured_media":1172,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[148],"tags":[140],"class_list":["post-1571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-job-market","tag-featured"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.adzuna.com\/blog\/wp-json\/wp\/v2\/posts\/1571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.adzuna.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.adzuna.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.adzuna.com\/blog\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/www.adzuna.com\/blog\/wp-json\/wp\/v2\/comments?post=1571"}],"version-history":[{"count":0,"href":"https:\/\/www.adzuna.com\/blog\/wp-json\/wp\/v2\/posts\/1571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.adzuna.com\/blog\/wp-json\/wp\/v2\/media\/1172"}],"wp:attachment":[{"href":"https:\/\/www.adzuna.com\/blog\/wp-json\/wp\/v2\/media?parent=1571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.adzuna.com\/blog\/wp-json\/wp\/v2\/categories?post=1571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.adzuna.com\/blog\/wp-json\/wp\/v2\/tags?post=1571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}